Nuclear – Oil & Gas 360

French power giant EDF considers full sale of U.S. renewables unit

November 26, 2025

(Oil Price) – EDF, the French state-controlled utility, considers selling up to 100% in its U.S. renewable energy business, the power giant’s chief executive Bernard Fontana told Reuters on Wednesday. Fontana, who was previously CEO at nuclear engineering company Framatome, among other roles, became EDF’s chief executive officer in May this year. Fontana won the approval of the French Parliament to lead

U.S. backs nuclear plant restart as AI power demand soars

November 19, 2025

(Oil Price) – The U.S. Department of Energy is extending a $1-billion loan to help Constellation Energy restart the Three Mile Island Unit 1 nuclear reactor to add baseload power to the grid and help the AI advancement in the United States. “Funded by the Energy Dominance Financing Program, this interest-bearing loan will lower Constellation’s cost of financing and leverage private investment to

Hungary makes historic switch to American nuclear fuel

November 7, 2025

(Oil Price) – Hungary will buy U.S. nuclear fuel for the first time to use at a Russia-built nuclear power plant in the country, Hungarian Foreign Minister Peter Szijjarto said ahead of a meeting of the U.S. and Hungarian leaders. Szijjarto is part of a large Hungarian delegation led by Prime Minister Viktor Orban who is meeting with U.S. President Donald

Nuclear power at heart of new Japan PM’s energy policy

October 22, 2025

(BOE Report) – Japan’s new prime minister Sanae Takaichi is expected to push for the accelerated revival of nuclear power to tackle inflation, a source of public discontent, with reactor restarts key to reducing costly fuel imports. Takaichi has appointed Ryosei Akazawa, who was Japan’s point person in its recent tariff deal with the U.S., as trade and industry minister

Data centers lit the fuse on the next nuclear age

October 8, 2025

(Oil Price) – Just five years ago, no one could predict the surge in electricity demand that the United States is currently experiencing because of the proliferation of data centers as AI takes center stage in the tech industry. Many, however, predicted that nuclear is due for a renaissance—and it is getting it, in both conventional form and, in the future,

Eni seals billion-dollar fusion energy deal with U.S. partner

September 22, 2025

(Oil Price) – U.S. Commonwealth Fusion Systems (CFS), which is developing fusion energy, has signed a more than $1-billion power purchase agreement with Italy’s energy major Eni as the two companies continue to partner to bring fusion power to commercial use. Nuclear fusion has long been considered the answer to zero-emission by-product-free energy generation. However, no one has cracked the nuclear fusion code

Sweden looks to lend $23 billion to new nuclear power projects

September 19, 2025

(Oil Price)– Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion Swedish crowns) to companies to build nuclear reactors in the Scandinavian country. Sweden plans to build two new nuclear reactors by 2035 in a hedge on low-carbon energy security, with 10 new reactors hoped for by 2045. The Swedish government moved to phase out

Exclusive: Energy Fuels at EnerCom Denver – The Energy Investment Conference 2025

September 15, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Denver-based, Energy Fuels is a global critical mineral company poised to provide 10 of the 50 critical minerals the world needs for today’s technology and beyond. Utilizing a 45-year history

Exclusive: Deep Fission at EnerCom Denver – The Energy Investment Conference 2025

September 15, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Deep Fission is pioneering a bold new approach to delivering carbon-free, reliable, and affordable electricity by placing their scalable 15 MWe small modular reactors (SMRs) one mile underground. deepfission.com About

Exclusive: Deep Isolation at EnerCom Denver – The Energy Investment Conference 2025

September 11, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Deep isolation works with government waste management programs to reduce the liability of growing nuclear waste inventories. the company has designed and developed a directional borehole disposal solution that meets

Cold War plutonium could power future U.S. reactors

August 27, 2025

(Oil Price)– Plutonium material from dismantled U.S. nuclear warheads from the Cold War could be offered to American power firms as a fuel to potentially use in advanced nuclear technologies, under a draft plan of the Trump Administration. The U.S. does not use plutonium in nuclear power facilities. In the past, plutonium has been converted into fuel for commercial reactors

South Korean firms pledge $150 billion in US investments at summit

August 26, 2025

(BOE Report)– South Korea touted a broad range of U.S. investment plans by its companies at Monday’s summit between U.S. President Donald Trump and South Korean President Lee Jae Myung, spanning shipbuilding, nuclear energy, aerospace, energy and critical minerals. While South Korean companies pledged at the summit $150 billion in U.S. investments, the countries also agreed to establish a non-binding

Premium Content